Affordable Housing: How to unlock funding
In Summary - Government should not abandon the Affordable Housing Project due to lack of funds. - The concept of digital assets can be technically tweaked and re-purposed to finance the affordable housing project. - Wanjiku can then buy one or several of these ‘securitised’ digital tokens based on her financial capacity and without being coerced. - This level of flexibility and the possibility of opening up the whole market to the outside world can easily mop in financial resources that remain untapped due to the lack of trust that the current government systems have. https://www.nation.co.ke/oped/blogs/dot9/walubengo/2274560-5417404-13ra9ka/i... -- Barrack O. Otieno +254721325277 +254733206359 Skype: barrack.otieno PGP ID: 0x2611D86A
Interesting. But these sound to me like the Derivatives Market which led to the Global Economic Crisis of 2008 https://www.thebalance.com/role-of-derivatives-in-creating-mortgage-crisis-3... Maybe Walu should explore some more. If we start encrypting assets that are not real and issuing cryptocurrency we are just using technology to repeat old mistakes in a high tech way. Blockchain still obeys the rules of Garbage In Garbage Out With kind regards Jeipea Believe in yourself then you can change your world ____________________________________________ Skype: john.paul.em Cell: +254735586956 On Wed, Jan 22, 2020 at 12:48 PM Barrack Otieno via kictanet < kictanet@lists.kictanet.or.ke> wrote:
In Summary
- Government should not abandon the Affordable Housing Project due to lack of funds. - The concept of digital assets can be technically tweaked and re-purposed to finance the affordable housing project. - Wanjiku can then buy one or several of these ‘securitised’ digital tokens based on her financial capacity and without being coerced. - This level of flexibility and the possibility of opening up the whole market to the outside world can easily mop in financial resources that remain untapped due to the lack of trust that the current government systems have.
https://www.nation.co.ke/oped/blogs/dot9/walubengo/2274560-5417404-13ra9ka/i...
-- Barrack O. Otieno +254721325277 +254733206359 Skype: barrack.otieno PGP ID: 0x2611D86A
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participants (2)
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Arya Jeipea Karijo -
Barrack Otieno